Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.20 per share a year ago.
Granite Ridge Resources, Inc. (GRNT) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Granite Ridge Resources, Inc. (GRNT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Granite Ridge insiders purchased approximately 117,000 shares at an average price of $6.31 per share. There was also reported acquisition interest from Northern Oil and Gas, although Northern then indicated there were no current negotiations. Granite Ridge's projected 2025 free cash flow has improved a bit since I last looked at it.
Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources , a smaller U.S. producer with operations in basins including the Permian and Eagle Ford, according to people familiar with the matter.
Granite Ridge expects mid-teens total production growth in 2025. This may include 20+% oil production growth. I expect Granite Ridge's 2025 capex to be lower than 2024 since much of the 2025 growth is driven by late 2024 spending.
Granite Ridge Resources, Inc. (NYSE:GRNT ) Q3 2024 Earnings Conference Call November 8, 2024 11:00 AM ET Company Participants James Masters - Investor Relations Representative Luke Brandenberg - President and Chief Executive Officer Tyler Farquharson - Chief Financial Officer Conference Call Participants Noah Hungness - Bank of America Michael Scialla - Stevens Inc Phillips Johnston - Capital One Jeff Robertson - Water Tower Research Operator Good morning, and welcome everyone to Granite Ridge Resources Third Quarter 2024 Earnings Conference Call. Currently, all participants are in a listen-only mode.
Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.21 per share a year ago.
Granite Ridge Resources, Inc. (GRNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Granite Ridge Resources, Inc. (NYSE:GRNT ) Q2 2024 Earnings Conference Call August 9, 2024 11:00 AM ET Company Participants Luke Brandenberg - President & CEO Tyler Farquharson - CFO Conference Call Participants Phillips Johnston - Capital One Michael Scialla - Stephens John White - ROTH Capital Noah Hungness - Bank of America Jeff Robertson - Water Tower Research Operator Good morning, and welcome, everyone to Granite Ridge Resources Second Quarter 2024 Earnings Conference Call. Currently all participants are in a listen-only mode.
Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.19 per share a year ago.
Granite Ridge Resources, Inc. (GRNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.